Streetbeat News

EJTTF

Easyjet plc

http://corporate.easyjet.com/

CEO

Johan Lundgren

Industry

Scheduled Passenger Air Transportation

Open

6.37

Mkt cap

4.6B

Volume

350

High

6.37

P/E Ratio

7.94

52-wk high

7.66

Low

6.11

Div yield

0.00

52-wk low

5.25

easyJet reported strong Q1 performance with increased passenger numbers, revenue, and load factors. The Holidays division, ancillaries, and strategic capacity expansion are expected to drive future growth. Sales are projected to grow by 9.0% for FY25, with a diluted EPS of 70.2p.

Portfolio Pulse from

January 26, 2025 | 7:15 am

easyJet Plc's holiday packages business is growing significantly, with revenues up 36%, helping to offset winter airline losses. Despite a 3% stock decline since April 2023, easyJet is considered undervalued with a price target of $16. Risks include fuel price fluctuations and increased competition.

Portfolio Pulse from

January 23, 2025 | 5:45 pm

easyJet PLC plans to reduce domestic flights due to a rise in air passenger duty from the recent Budget. Routes from London to Scotland and Northern Ireland will be most impacted.

Portfolio Pulse from

November 28, 2024 | 2:00 pm

easyJet's yearly revenues were slightly below expectations, but strong profit metrics led to a 34% increase in pre-tax profit to £610 million. Analysts see a re-rating opportunity for the airline.

Portfolio Pulse from

November 27, 2024 | 2:00 pm

EasyJet reported a 34% increase in pre-tax profits due to a 'record breaking' summer, leading to a 2% rise in its shares and an increase in dividends.

Portfolio Pulse from

November 27, 2024 | 9:45 am

EasyJet's CEO Johan Lundgren reports that consumers across Europe are prioritizing travel, as reflected in the airline's full-year results and market trends.

Portfolio Pulse from

November 27, 2024 | 8:30 am

easyJet PLC reported a 34% increase in pre-tax profit to £610 million for the year ending in September, driven by a record summer and a 14% rise in revenue to £9.31 billion. The company also announced an increase in its dividend.

Portfolio Pulse from

November 27, 2024 | 8:00 am

Full-year figures from easyJet will be in focus on Wednesday, alongside updates from Pets at Home.

Portfolio Pulse from

November 26, 2024 | 4:15 pm

easyJet's outgoing CEO, John Lundgren, is set to present his final full-year results on November 27, before CFO Kenton Jarvis takes over in January. The focus will be on the company's view of the travel demand boom.

Portfolio Pulse from

November 22, 2024 | 12:30 pm

Ryanair Holdings Plc is facing potential disruptions to its summer schedule due to Boeing Co's delivery delays of the 737 Max 10 models, with an expected reduction from 57 to around 50 aircraft by the end of June. This situation may lead to minor schedule cuts and a decrease in passenger forecast from 205 million to 200 million for the financial year starting in April. CEO Michael O'Leary expressed frustration and is discussing compensation with Boeing, also hinting at possible ticket price increases.

Portfolio Pulse from Vandana Singh

February 26, 2024 | 6:20 pm

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